Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$122,064$122,064$252,000
Remaining term (yrs)24.424.430.0
Secondary amount$0$129,936$0
Funding fee$610$610$0
Note rate2.730%2.730%7.400%
Blended rate2.730%5.447%7.640%
1st payment$569.85$569.85$1,744.80
2nd payment$0.00$866.24$0.00
Taxes / mo$401.58$401.58$401.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$50.40
HOA / mo$0.00$0.00$0.00
Total monthly$1,121.44$1,987.67$2,346.78
Cash to close$157,936$28,000$28,000